Single-Family Homes
Sun Jun 01 2025
This week the median list price for Incline Village, NV is $3,250,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 69.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Median List Price | $3,250,000 | |
Median Price of New Listings | $2,880,000 | |
Per Square Foot | $960 | |
Average Days on Market | 132 | |
Median Days on Market | 49 | |
Price Decreased | 25% | |
Price Increased | 1% | |
Relisted | 4% | |
Inventory | 69 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining a bit. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$8,695,000 | 5,900 | 0.5 - 1 acre | 5 | 5.8 | 12 | 2 | 0 | 224 |
$3,400,000 | 3,373 | 0.25 - 0.5 acre | 4 | 3.5 | 44 | 3 | 1 | 56 |
$2,650,000 | 3,470 | 0.25 - 0.5 acre | 4 | 3.5 | 34 | 5 | 0 | 7 |
$1,650,000 | 1,803 | 0.25 - 0.5 acre | 3 | 2.5 | 48 | 1 | 2 | 49 |